Planet Graphite Successfully Delivers First Batch of Products from its 1 Million-Ton Green PVC Project in India

Nantong Planet Graphite Co., Ltd. recently achieved a milestone in a major international chemical project. The first three sets of equipment for its 1 million-ton green PVC project, custom-built for Mundra Petrochem Limited, a wholly-owned subsidiary of the Indian Adani Group, were officially shipped to the Mundra Port in India. The smooth progress of this major project not only demonstrates Planet Graphite's leading position in the global high-end graphite equipment market but also marks the substantial completion of its four-pronged international expansion encompassing "materials, equipment, systems, and services," accelerating the green upgrade of South Asia's chemical industry.

The total value of this cooperation contract is US$44.3342 million (approximately RMB 299 million). As of the first half of 2025, the company has received 36% of the advance payment. With the successful shipment of the first batch of equipment, the company plans to deliver eight sets of equipment in December 2025 and three sets in February 2026. Leveraging over two decades of technological expertise, Planet Graphite is delivering green solutions "Made in China" to countries along the Belt and Road Initiative, securing a key position in the global low-carbon transition.

The successful delivery of the first batch of products from the 1 million ton green PVC project in India is inseparable from Planet Graphite's forward-looking internationalization strategy. Beijing Planid Engineering Technology Co., Ltd., established in 2024, serves as the company's overseas business hub. This integrated team with extensive overseas project resources and operational management experience is responsible for promoting graphite equipment and complete systems in overseas markets. This effectively enhances the company's overseas business expansion capabilities, lays a solid foundation for its overseas market presence, and accelerates product expansion. The company has participated in international conferences such as the ACHEMA in Germany and the International Chlor-Alkali Technology Summit. By establishing in-depth partnerships with local engineering companies and distributors, the company has strengthened its external publicity efforts and gradually established a marketing network covering South Asia, the Middle East, and Africa. In the first half of 2025, the company focused on the promotion and delivery of graphite equipment and complete systems, successfully signing multiple contracts and achieving significant results in overseas promotion.